If you love Lucy, you’ll love Cate. The Academy Award winning actress, 46, is reportedly set to take on the iconic role of Lucille Ball in a new authorized biopic film, which Aaron Sorkin is writing!

In a world of remakes and reboots, it’s not surprising that we’re seeing an older story being told again. However, this time its that of the iconic couple, Lucille Ball and Desi Arnaz. Aaron Sorkin is writing a new biopic based on the couple’s 20-year-marriage. Their children, Lucy and Desi Arnaz Jr. are set to produce the film, while Cate Blanchettwill be taking on the icon role, TheWrap is reporting.

Cate isn’t new to iconic role — she took on the role of Katharine Hepburn in The Aviator, which ended up winning her two Academy Awards. Plus we know that Aaron Sorkin has quite the reputation of creating a stir with his movies and televisions programs like The Social Network, Steve Jobs (coming out in October) and of course his shows, The Newsroom and The West Wing.

Lucy and Desi had quite the romance — the two ran away and got married in 1940, and 11 years later created the insanely popular sitcom (and one of my all time favorite shows), I Love Lucy, which Lucy snagged four Emmy Awards for. The same year the show premiered they had their first daughter — two years later a son. Unfortunately in 1960, everyone’s favorite couple called it off; the same year, the show ended after its 9-year run.

While Cate, 46, will take on the roll, but no word yet who will play Desi. We have a feeling, just from the little we know, that this film is going to be a great one. What do you think, HollywoodLifers? Do you think Cate is a good choice? Who would you have chosen? Let us know.